New Zealand: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in New Zealand

The New Zealand market for tiles, flagstones and similar articles of cement, concrete or artificial stone skyrocketed to $X in 2021, growing by 41% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw significant growth. Consumption of peaked in 2021 and is likely to see gradual growth in the immediate term.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports from New Zealand

After three years of decline, shipments abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone increased by 86% to X tons in 2021. Overall, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 155%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone skyrocketed to $X in 2021. In general, exports recorded a resilient increase. The growth pace was the most rapid in 2013 with an increase of 159% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Cook Islands (X tons) was the main destination for exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from New Zealand, with a 81% share of total exports. Moreover, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone to Cook Islands exceeded the volume sent to the second major destination, Australia (X tons), eightfold. Norway (X tons) ranked third in terms of total exports with a 4.5% share.

From 2012 to 2021, the average annual growth rate of volume to Cook Islands totaled +13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+53.2% per year) and Norway (0.0% per year).

In value terms, Cook Islands ($X) remains the key foreign market for tiles, flagstones and similar articles of cement, concrete or artificial stone exports from New Zealand, comprising 81% of total exports. The second position in the ranking was taken by Australia ($X), with a 10% share of total exports. It was followed by Norway, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Cook Islands stood at +24.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+48.1% per year) and Norway (0.0% per year).

Export Prices by Country

The average export price for tiles, flagstones and similar articles of cement, concrete or artificial stone stood at $X per ton in 2021, growing by 7.3% against the previous year. Over the last nine years, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 39% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, the countries with the highest prices were Norway ($X per ton) and Australia ($X per ton), while the average price for exports to Niue ($X per ton) and Cook Islands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cook Islands (+9.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports into New Zealand

In 2021, supplies from abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone increased by 27% to X tons, rising for the fourth year in a row after two years of decline. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 67% against the previous year. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone surged to $X in 2021. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2018 when imports increased by 73% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest tiles, flagstones and similar articles of cement, concrete or artificial stone supplier to New Zealand, accounting for a 57% share of total imports. Moreover, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone from China exceeded the figures recorded by the second-largest supplier, Israel (X tons), twofold. India (X tons) ranked third in terms of total imports with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +18.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+24.7% per year) and India (+51.7% per year).

In value terms, China ($X) constituted the largest supplier of tiles, flagstones and similar articles of cement, concrete or artificial stone to New Zealand, comprising 57% of total imports. The second position in the ranking was held by Israel ($X), with a 26% share of total imports. It was followed by India, with a 3.7% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+30.4% per year) and India (+60.4% per year).

Import Prices by Country

The average import price for tiles, flagstones and similar articles of cement, concrete or artificial stone stood at $X per ton in 2021, with an increase of 21% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from India ($X per ton) and the United States ($X per ton), while the price for Italy ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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